121 Iowa Avenue, Unit 0
Property Description
14 individually Deeded Condos, with their own legal and assessor #'s in one building! Prime Investment Opportunity in the Heart of Whitefish! Just minutes from Whitefish Mountain Resort and within walking distance of Whitefish Lake, this 14-unit multifamily property offers a rare chance to acquire a well-established rental asset in one of Montana's most desirable and rapidly growing resort communities. Built in 2002, the property consists entirely of one-bedroom, one-bathroom units averaging approximately 525 square feet. The efficient floor plans appeal to both long-term residents and tenants seeking seasonal or long-term accommodation. With a proven history of strong rental demand, the property offers flexibility for a variety of investment and rental strategies. A significant value-add opportunity is the fact that all 14 units are individually titled. This unique structure allows investors to sell units individually, creating an additional exit strategy beyond a traditional multifamily disposition. Property amenities include an on-site shared laundry facility, ample off-street parking, and well-maintained grounds situated within a quiet residential pocket of Whitefish. Its central location offers convenient access to downtown Whitefish, Whitefish Lake and City Beach, local restaurants and coffee shops, retail, walking and biking trails, and Whitefish Mountain Resort. Don't miss the opportunity to invest in a high-demand asset in one of Montana's premier resort communities! Monthly HOA includes "studs out" and more: roof, siding, Landscaping, Snow Removal, Insurance, Utilities for common areas, Water for all of the units - The City will not allow separate meters, Repairs/Maintenance, Legal & Professional fees. Listing agent related to Seller.
Broker Details
PureWest Real Estate (406) 751-5605
MLS ID: mt.517175212 State License Number: RRE-RBS-LIC-11915
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,225,000 |
| No. of Units: | 14 |
| Year Built: | 2002 |
| Lot Size: | 7,350.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $230,357 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MWMTAR-30079542
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